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Guide to Buying Investment Silver




Investing in physical silver doesn't just mean hoarding anything that's said to be made of silver.

One must focus on specifically-created pure silver bullion products.

But it's not just what you buy, but also the timing that's important, the premiums, fees and taxes that are applied by the dealers.


Investment silver products

Investment silver products



Hopefully this comprehensive guide will be of good use to you.


When we're talking about buying investment silver, you need to understand and focus on the following issues:

 Pure silver items: don't misbelieve that items like old silver coins and silver spoons should be on your target for purchase, you should aim for pure silver

 Only buy investment silver: this means pure silver bullion (which means generally 9,99 % fineness) either bars or coins (includes bullion coins and semi-numismatic coins, as well as numismatic pure silver coins)

 Make sure you're purchasing genuine silver: reliable merchants and techniques to detect genuine silver should help you eliminate the risks of buying fake items (you might want to check out guide to avoiding fake silver)

 Follow the recent prices: always be up-to-date with the current price of the metal - the dealers won't sell at spot price, but will place a percentage or fix amount (their profit) on top of it - and, some dealers sell bars and coins at exaggeratedly high final sales prices!

 Try purchasing larger amounts at once: specialized merchant companies will sell you boxes of 500 coins or tubes of 10-20-25 coins (or other configurations) at lower price then you would spend on buying the coins one by one - the idea is: the more you buy at once, the more you save!

 Aim at the standard size coins and rounds of at least 1 oz: avoid buying small coins (whenever possible), make sure the coin you are buying has at least 1 troy oz in weight (there are plenty of 1/10 oz coins and they'll come out more expensive when bought one buy one), but there are 10 oz rounds and coins as well

 Aim at larger size bullion bars: many buyers purchase bullions starting with 1 oz bars, but the most adequate minimum size for such a brick" should be 10 ounces (again, these com out cheaper)


If you educate yourself at PrimeValues.org, you'll minimize risks and will make the right choice easier.

Overall any product containing this metal in concentrations above 50 % has high value and its value will increase in the coming years. Though, bullions, coins made of fine silver are the only ones you should buy for hedge.


What to avoid when buying silver:

 Avoid buying from dubious sources: this includes online auctions (such as those on eBay), where huge amounts of fake silver are traded and at prices far higher than they are worth

 Don't buy numismatic coins: if you have a low budget, go for pure coins, because after all, if a huge crisis arrives, almost nobody will buy the coin from you for their numismatic or artistical value - the content of silver is most important (but, if you are a collector, you are free to purchase several item "just for pleasure"), numismatic coins are generally 1,5 - 2 times more expensive at sale, but re-selling them will be far harder!

 Don't buy used coins: not only that there is a risk of them being fake, but many of them have flaws and these defects might mean lower value in the future

 Avoid buying privately minted silver coins: you may buy bars from them, but coin dealers/buyers will search for the most popular silver bullion coins (Canadian Maple Leaf, American Silver Eagle etc.)






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